Direct chartering experience supported by an owned vessel and a working relationship with the Iraqi Oil Tanker Company (IOTC).
Operating under HFZA Services License #38380 — covering ship chartering, vessel and ship operation.
Time-charter and voyage-charter agreements for crude and refined product cargoes — flexible sourcing across regional and international vessel pools.
Crew, technical and operational oversight under HFZA Services License #38380. Management of MT STELA, owned and operated by FAW Petroleum FZE.
Back-to-back fleet deployment for partner counterparties — providing access to chartered tonnage without the operational overhead.
End-to-end paperwork from loading to discharge — port coordination, surveyor appointment, QC certification and bank-ready documentation.
Updated on a quarterly basis — full vessel-by-vessel disclosure available on request to qualified counterparties under NDA.
| Year | Vessels Chartered | Voyages | Notes |
|---|---|---|---|
| 2023 | Initial chartering activity | — | HFZA Services License secured; first time-charter contracts. |
| 2024 | Multi-vessel deployment | — | Voyage and time-charter mix; IOTC working relationship established. |
| 2025 | Fleet expansion | — | MT STELA acquired and brought under company management. |
| 2026 | 15+ vessels chartered (cumulative) | 20+ voyages (cumulative) | Continued expansion of charter portfolio & off-take base. |
Detailed quarterly chartering data — including IMO numbers, charter type, port pairs and cargo grades — is available to qualified banks and counterparties under NDA. Request access →